China (Central) Import and Export Commodities Trading Center settled in Zhengzhou

On January 9, a reporter learned from the Henan Zhengzhou Export Processing Zone that the zone has signed a cooperation framework agreement with the China Council for the Promotion of International Trade (CCPIT) Trade Promotion Exchange Center. As part of this collaboration, the China (Central) Import and Export Commodity Trading Center will be established within the Henan Zhengzhou Export Processing Zone. The first phase of the project spans 50 mu (approximately 33,000 square meters) and involves a total investment of 1.5 billion yuan, with a construction period of 30 months. This comprehensive international trading platform will integrate product display, promotion, negotiation, transactions, and office functions. The initial phase will feature categories such as wine, dairy products, jewelry, cosmetics, seafood, clothing, auto parts, electronic components, e-commerce trade, and more. Additionally, the national pavilion area will showcase imported goods from various countries around the world. Once operational, the center is expected to attract over 500 companies. Within five years of its launch, the annual trade volume is projected to reach at least 10 billion yuan, and within ten years, it could grow to 30 billion yuan annually. The CCPIT has been actively involved in the development of the Central Plains Economic Zone and the Zhengzhou Airport Economic Comprehensive Experimental Zone. By leveraging the Henan Zhengzhou Export Processing Zone, the council aims to establish a model platform for international trade. Once completed, the China (Central) Import and Export Commodity Trading Center will play a key role in Zhengzhou’s bid to establish the Midwest Inland Free Trade Pilot Zone and serve as a vital window for the opening-up of the Central Plains region.

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